A turning point for global sport: IBA President Umar Kremlev and Donald Trump Jr join forces
30 Sep 2025 23:28

Won the title of Chinese First League, going to play in CSL. Chongqing Lifan is supposed to have a nice memory in 2014.When the boss of Lifan,Yin minshan announced the quit ,everyone was left in shock.
LiFan’s failure of getting through financial crisis was identified as the main reason which trigger the withdraw. According to the rules of CSL, every CSL team has to deposit 200 million RMB at least. And Yin , as a giant in China automobile and motorbike industry , tried to sell his football club from 2011, now putting his foot down.
According to Lifan Group, the transfer fee is no less than 150 million RMB, and the team should be kept still in Chongqing.These are two conditions Yin minshan insist on.
JD.com, Chang`an Automobile and Sunac China Holdings all showed their interest in taking over the club, and then be ruled out from the list of “buyers”.
A turning point for global sport: IBA President Umar Kremlev and Donald Trump Jr join forces
30 Sep 2025 23:28
Related coverage
Li-Ning: where did it all go wrong?
09 Jan 2015
Desports cooperated with top European sports broker company
04 Jul 2015
Kenda to sponsor Cleveland Cavaliers
23 Feb 2016
China’s Wanda completes $650 million World Triathlon buy
27 Aug 2015
Suning officially takes over Jiangsu club
19 Dec 2015
More from Yutang Sports
Who you meet at SportAccord And Why it Matters
22 Jan 2026
“Connect & Cultivate”: a 24-hour Networking Ecosystem at SportAccord 2026
03 Mar 2026
Sport Event Denmark confirmed as Partner for SportAccord Convention in Baku
03 Mar 2026
A Diverse Iine-up of Exhibitors Joins the SportAccord Convention
28 Jan 2026
Where to stay in Baku: the SportAccord 2026 Official Hotels
29 Jan 2026
Yutang Sports
Chinese website
loading...